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Multiperiod Auction Model for Pool-Based Electricity Markets

Grant number: 13/18103-0
Support type:Scholarships in Brazil - Scientific Initiation
Effective date (Start): March 01, 2014
Effective date (End): December 31, 2015
Field of knowledge:Engineering - Electrical Engineering - Power Systems
Principal Investigator:Leonardo Nepomuceno
Grantee:Augusto Cesar Pereira
Home Institution: Faculdade de Engenharia (FE). Universidade Estadual Paulista (UNESP). Campus de Bauru. Bauru , SP, Brazil


The generation dispatch in day-ahead electricity markets has recently been performed through auction procedures. For such a purpose, hourly offers and bids are respectively submitted by producers and consumers to the market operator (MO), which, in turn, calculates the amounts of dispatched generation and demand, as well as the market clearing prices, using appropriate auction tools. The auction models aims at the minimization of hourly offer/bid costs, subject to the main constraints associated with generation and transmission subsystems. The main purpose of this research project is to investigate an auction procedure that is suitable to electricity markets involving hydrothermal systems. Thermal units are represented in detail in the model proposed, including start-up and shut down costs, ramp-up and ramp-down limits, start-up and shut-down limits, as well as minimum up and down times. The most important constraints associated with hydro generation are also incorporated. The solution of the proposed problem is performed using GAMS/CPLEX optimization package.

Scientific publications
(References retrieved automatically from Web of Science and SciELO through information on FAPESP grants and their corresponding numbers as mentioned in the publications by the authors)
GONCALVES, ELIS; BALBO, ANTONIO ROBERTO; DA SILVA, DIEGO NUNES; NEPOMUCENO, LEONARDO; BAPTISTA, EDRNEA CASSIA; SOLER, EDILAINE MARTINS. Deterministic approach for solving multi-objective non-smooth Environmental and Economic dispatch problem. INTERNATIONAL JOURNAL OF ELECTRICAL POWER & ENERGY SYSTEMS, v. 104, p. 880-897, JAN 2019. Web of Science Citations: 4.
PEREIRA, AUGUSTO CESAR; DE OLIVEIRA, ALBERTO QUIALHEIRO; BAPTISTA, EDMEA CASSIA; BALBO, ANTONIO ROBERTO; SOLER, EDILAINE MARTINS; NEPOMUCENO, LEONARDO. Network-Constrained Multiperiod Auction for Pool-Based Electricity Markets of Hydrothermal Systems. IEEE Transactions on Power Systems, v. 32, n. 6, p. 4501-4514, NOV 2017. Web of Science Citations: 2.

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